h&external browser=0&launchuria amework Required information Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases Also, on December 15, Monsonseils 15 units for $20 each Purchases on December 7 Purchases on December 14 Purchases on December 21 10 units es 6. cast 20 units $12.ee cout 15 units $14.00 cost Required: Monson uses a perpetual inventory system Determine the costs assigned to the December 31 ending inventory based on the FIFO method Perpetual FIFO Doods Purch of Units Coster Cestoffonda Sold ol Cost per Castor Soir Goods Bond Date Goods Purchase in Cost Per of Units December 1003600 $ 60.00 S6000 10000 December 14 2015 12.00 - $240.00 el 58001 - 2013 12.00 500.00 20.00 53000 December 15 [ December 21 Tous Te to search